The purpose of the company is to conduct real estate transactions of all kinds, in particular the acquisition and sale, management, rental, development and brokerage of properties in Switzerland and abroad. The company may acquire, manage and sell participations and licenses as well as patents and other intellectual property rights, carry out financing and conduct all business that falls within the scope of the aforementioned purpose or is suitable for promoting it directly or indirectly, as well as all business that is suitable for promoting the development of the company. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies.